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To: Proud Deplorable who wrote (60635)8/1/2008 10:46:45 AM
From: Valuepro  Read Replies (1) | Respond to of 78416
 
Botox, I agree this Kinross deal is not looking so good for shareholders, but only future events will show whether of not it is a steal for Kinross, or a burden.

Anyway, thanks for posting a better version of the DRI claims map. I know you may not have been fully serious about asking of the background of the officers and directors there, but here's a response anyway.

DRI is part of what the founders and backers are calling the "Cardero Group" of companies. Despite the names listed as officers and directors, the companies are interrelated via some shared management, but mostly in commonality of financial backers.

cardero-group.com

The very recent appearance of this new Web site is a formal recognition of the "Cardero Group" by backers, and it is promoting a rumor. The suggestion is that there could be a combination of interests soon, and resulting out of a possible corporate transaction on Cardero's iron properties.

To be open here, I have shares in the Cardero Group, some of which are by private placement (including Dorato). Do your own DD.

Cheers,

VP in AZ